I’ve heard similar things about event-driven swings and some hosts mixing in mid-term stays to balance things out.

Our main interests are multi-family and mixed-use commercial properties, especially if the commercial space has a commercial kitchen (restaurants, bars, cafes, etc.).We're also prepared to put in sweat equity in the form of property management, at least to get started.

For me it's been a mix between the down payment and finding lender that will lend in "rural" areas.

Land has all the utilities and is in residential and zoned mixed commercial/ multi familyit will be difficult for anyone to give you an answer since you will need to look intothe zoning rules and regulations, you could build a 100 story apartment building, a mobile home park or absolutley nothing - it will depend on the zoninig.from there you need to then do a market study to see if what you want to build will actually be profitable.

I’m seeing a mix of:• Entry-level value-add SFRs in South Austin• Heavy fixer flips with good spreads• Small infill lots that builders like• Occasional higher-end fixers in West Austin• A few lower-priced opportunities outside the cityCurious what everyone else is targeting right now.What’s your current buy box?

To keep costs down, many mix new and secondhand pieces—Facebook Marketplace, OfferUp, and local hotel liquidators are great for finding like-new furniture at a fraction of the price.

This might also influence some investors to diversify tenant types or consider mixed portfolios.

Some approaches I’ve been seeing:Finding better deals due to less competitionPivoting from flips to long-term rentalsHolding properties longer than originally plannedOffering seller financing to make deals workI’d love to hear from seasoned investors: What strategies are you using to navigate these conditions? 

The midterm/seasonal setup works well here too — snowbirds from Oct–April are definitely a thing.Management rates depend on how you run it: long term rents 8-10%, mid term/seasonal might be closer to 12-20%, and full STR I've seen 20%-25%. 

Most of my investing goes toward my co-investing club these days, with that being said, we've done a mix over the years.